Even though it’s practised in countries all over the world today, the concept of strata title as a property ownership structure started right here in Australia back in 1961. A novel concept at the time, the strata title was different to the traditional Torrens Title model, where the purchase of a freestanding home or piece [...]
6 key points to assist you and your Body Corporate to get the best possible terms out of your insurer. Make sure the grass is always greener A key thing that potential Insurers look for is properties that are maintained regularly. A well maintained building is likely to have less claims, therefore the Body Corporate [...]
Pets have always been, and probably always will be a hot topic in body corporate schemes. Some body corporate schemes adopted by-laws that state all animals are banned from the scheme, only to have lot owners challenging the validity of the by-laws down the track. So, what is a reasonable response to handling the issue [...]
We have received numerous enquiries from Gold Coast bodies corporate about individual water meters for apartments. Schemes Built Prior to 2008 Currently, most body corporate schemes built prior to 1st January 2008 have one water meter for the entire complex, which is read by the Council. Council will then issue individual water rates notices to [...]
Are you an owner in a Body Corporate where members are claiming payment for their service to the committee? If so, are you aware if approval for payment has been carried out by following the correct procedure? If not, the payments could be illegal. Just like any other outgoings, payment of committee members must be [...]
